Sunday, November 20, 2016
FG's Revenue Generating Agencies Squanders Over N1 trillion
Thursday, November 17, 2016
HOW WE LAUNDERED N1.2BILLION FOR FAYOSE, OBANIKORO
Alade Sunday, a compliance officer with Zenith Bank, Akure, Ondo State, on Monday narrated how his bank helped the duo of former Minister of State for Defence, Musiliu Obanikoro, and Governor Ayodele Fayose of Ekiti State move N1.2 billion.
Mr. Sunday, the prosecution’s principal witness, spoke during the trial of Abiodun Agbele, an aide to Mr. Fayose.
He told the court that as compliance officer, he was worried about the large sum of money being transported, but did not report it to any appropriate authority.
Mr. Agbele is facing trial for his role in the alleged diversion of N1.2 billion from the office of the former National Security Adviser, Sambo Dasuki.
He was arraigned alongside Mr. Obanikoro, who was then outside the country, and two others, Tunde Oshinowo and Olalekan Ogunseye, both of whom are at large.
A company, Sylvan Mcnamara Limited, was also accused in the 11-count charge.
Mr. Obanikoro who submitted himself to the EFCC upon his return to Nigeria has agreed to return a bulk of the money he got from the deal, sources told PREMIUM.
Mr. Fayose is not being prosecuted because of the immunity he enjoys as governor by virtue of Section 308 of the Nigerian constitution. An account belonging to him, which reportedly had over N1 billion in it, was however frozen by the anti-graft agency, EFCC.
The N1.2 billion is believed to have been largely used to fund Mr. Fayose’s election as Ekiti governor. The controversial politician has since denied the charged and alleged persecution by Nigeria’s ruling All Progressives Congress.
The money is part of the N4.7 billion allegedly transferred from an account at the Central Bank belonging to the Office of the National Security Adviser. The then National Security Adviser, Sambo Dasuki, is also being prosecuted separately on various charges of corruption and illegal possession of firearms.
While being cross examined by Mike Ozekhome, counsel to Mr. Agbele, Mr. Alade affirmed that when the aircraft carrying the cash alighted at the Akure airport, it was Mr. Agbele who took custody of the money and transferred it to the Zenith Bank officials, including instructions on how they were to be transported to the Akure branch of the bank.
The witness, who said he had not met Mr. Obanikoro before the airlift of the cash, said the former minister arrived Akure with Mr. Agbele on the plane that brought the money.
When asked on whose instruction the monies were transferred, he said “the instruction was given by Abiodun Agbele. The transaction was processed on behalf of Agbele, the cash was mostly in N1000 bills while the rest were in N500, and were deposited into the accounts of Spotless Investment, De Privateer limited and Ayodele Fayose’s account.”
Mr. Alade had earlier testified to the court that his zonal manager, Abiodun Oshodi, informed him that a customer would be bringing in some money. But when he was asked to read from his witness statement which stated that he was informed by one Lawrence Akande from the Ibadan branch of the bank, he got agitated and insisted on the fact that he was informed by his zonal manager.
Share this:
Monday, November 14, 2016
LagosVegFest offers health choices to everyone
Friday, November 11, 2016
Dana Air Marks 8TH Anniversary, Assures Guests on Safety and Satisfaction …Flies over 4M passengers
Thursday, November 10, 2016
PROTEST IN U.S AFTERMATH OF DONALD TRUMP VICTORY
FIRST FEMALE AVIATOR IN CANADA HONOURED
Rosella Bjornson, the pioneering young woman who became North America’s first female airline pilot in 1973 was honoured at the Alberta Aviation Museum last weekend.
Bjornson took the right seat of a Transair Fokker F-28 on a flight from Thompson, Manitoba to Winnipeg in April of 1973.
She became a captain at Canadian Airlines and retired in 2004 after commanding aircraft for Air Canada and its short-lived budget spinoff Zip.
Bjornson has earned numerous honours from women’s groups for her pioneering career and while there were challenges and obstacles, Bjornson told the CBC she just rolled with them, like the time a Toronto ground controller didn’t think he’d heard her right.
“The ground controller had never heard a woman’s voice before on a big airplane and asked if I had my seat belt too tight,” Bjornson said.
Canada Aviator
U.S Airline Industry Is Already Pleading for Trump's Protectionism

Tuesday, November 8, 2016
F.G CHARGES A JUDGE OF SUPREME COURT OF MONEY LAUNDERING. ......N35.3million & $319,596 found in his residence.
Friday, November 4, 2016
THE WORLD's LONGEST FLIGHTS: Ultra- Long Haul Flying Takes-Off
Thursday, November 3, 2016
NJC BARS JUDICIAL OFFICIALS STANDING TRIAL OVER CORRUPTION CHARGES FROM OFFICIAL DUTIES
At least 7 justices from the Supreme Court and the lower courts are under investigation for graft following their arrest by the Department of State Services.Soji Oye, Ag. Director Information of the NJC, announced the suspension of the indicted officers in this statement below.“The National Judicial Council, under the Chairmanship of the Hon. Chief Justice of Nigeria, Hon. Justice Mahmud Mohammed, GCON, at its 79th Meeting held on the 2nd and 3rd day of November 2016, commenced implementation of specific aspects of the National Judicial Policy which came into force in April 2016 and was launched on Monday 24th October, 2016.During the Meeting, Council set-up a Transparency and Anti-Corruption Policy Implementation Committee as follows:
- 1. Hon Justice E. O. Ayoola, CON (Rtd Justice of the Supreme Court) – Chairman.
- 2. Hon Justice Kashim Zannah, Chief Judge of Borno State – Member.
- 3. A. B. Mahmoud, SAN, President Nigeria Bar Association – Member.
Section 6 of the National Judicial Policy aims at putting in place multifaceted strategies and guidelines that will ensure transparency and eliminate corruption in the Judiciary. It seeks, amongst other measures, to provide a platform and opportunity to citizens who profess factual and credible knowledge of information on the nature and modalities of corruption in the judicial system to ventilate such.Council also decided that Judicial Officers shall not be standing trial for alleged corruption related offences and be performing judicial functions at the same time. Council however decided that it will ensure that Judicial Officers who are being investigated for alleged high profile criminal offences do not perform judicial functions until their cases are concluded.”
Wednesday, November 2, 2016
BOMBS, BRIBES AS BOKO-HARAM REFUGEES BEGIN JOURNEY BACK HOME
First, there was the bomb blast that killed eight people. Then, delays as soldiers demanded bribes to escort the survivors on their journey. Finally, the way was blocked by trucks mired in churned-up mud.
When the refugees from Boko Haram's Islamic insurgency eventually made it home to a newly liberated town in northeast Nigeria, they found "people but no food." Last week, as they made the hazardous trip for a second time with food and other supplies, a truck exploded a land mine, wounding several refugees.
But many say the dangerous journey is preferable to the hunger, humiliation and inhumane conditions in refugee camps where more than 1 million Nigerians, displaced by Boko Haram, are waiting to go home. Many are in Maiduguri, the biggest city in the northeast, the birthplace of Boko Haram, which has killed more than 20,000 and forced 2.6 million from their homes.
As Nigeria's military pushes back against the insurgency and declares once-inaccessible regions to be liberated, more and more refugees are weighing whether to return.
The journey is just the first challenge. The returnees find firebombed homes, destroyed wells and the constant fear of attack by the extremists, who roam the region and keeps vast parts of it inaccessible. The fear keeps returnees from planting their crops, despite famine-like conditions that aid workers warn are already killing children and threatening hundreds of thousands.
"Nigeria is facing the worst humanitarian crisis on the African continent," Peter Lundberg, the acting U.N. deputy humanitarian coordinator, said last week.
The Associated Press tracked returnees to the twin towns of Gamboru-Ngala, on the border with Cameroon, which Nigeria's military liberated in August.
The towns had suffered one of the worst attacks by Boko Haram, whose fighters struck the night of May 5, 2014, in two armored cars stolen from the military, firing rocket-propelled grenades and assault rifles. They killed more than 300 people and destroyed almost every building in the towns, which are a major trading post on an international highway.
After the military declared the twin towns liberated, residents eager to return home were told to gather at a bus station on Maiduguri's outskirts. But for weeks, they found little help.
"The government said we could return home, but for over a month now ... we have been abandoned," said one displaced trader, Baba Gana. "We have nothing to eat; some women are resorting to selling their clothing while others take to the streets to beg."
Many residents said soldiers, who say they are not being paid, were demanding bribes to accompany them home. Nigeria's military denied those charges. But truckers confirmed they have to pay the equivalent of up to $600 for military escorts.
This month, a group of residents decided to set out on their own. Before they even left Maiduguri, a bomb exploded in a taxi van, killing eight, according to the emergency management agency.
The determined convoy still set off, only to find the highway blocked by 18 trucks mired in mud on what used to be a paved road, according to Amodu Musa, secretary of the National Union of Road Transport Workers. He said they hired a crane and towing vans to pull out the vehicles.
"But when we got to Gamboru, we discovered that there were people but no food."
Musa returned to Maiduguri to help organize a convoy of food and other supplies, and plead for a military escort.
That convoy finally got under way last week, with more than 200 buses, taxi vans, cars and trucks loaded high with returnees sitting on piles of yams and bags of rice and flour.
But the convoy had not gone 20 kilometers (12.5 miles) out of the city before a truck exploded a land mine. Several wounded returnees were taken to hospitals in Maiduguri, according to Brig. Gen. Jubrin Muhammed, but the rest of the convoy continued making their way home.
Last week, President Muhammadu Buhari launched a committee to draw up strategy for resettlement and reconstruction of the shattered region. People "have lost to everything to the insurgency," he said.
Associated Press writer Michelle Faul reported from Lagos, Nigeria
Buhari presents 2021 Budget to National Assembly
President Muhammadu Buhari Thursday , 8,October, 2020, formally tabled the Executive’s proposed budget for the 2021 fiscal year to a joint s...
-
Bola Bello, a 54-year-old Nigerian trader who was arrested for allegedly stealing an eight-month-old baby boy was on Thursday arraigned befo...
-
Senator Magnus Abe on hospital bed yesterday. Senator Magnus Abe, the Chairman of the Senate Committee on Petroleum (Downstream) and the Chi...



